StandardAero, a major US-based MRO and aerospace services provider, has announced the pricing of an underwritten public offering of 30 million shares of its common stock. The shares, priced at $28.00 each, are being offered by two of the company’s current stockholders and not by StandardAero itself.
StandardAero, a U.S.-based aerospace MRO company, has announced that two of its primary shareholders — affiliates of The Carlyle Group (US) and GIC (Singapore) — intend to initiate an underwritten secondary offering comprising 30,000,000 shares of common stock. The proceeds from the offering will be received entirely by the selling shareholders, with StandardAero itself not receiving any portion of the proceeds.
StandardAero, a leading provider in the aerospace maintenance, repair, and overhaul (MRO) industry, has announced that two of its significant stockholders, affiliates of The Carlyle Group (US) and GIC Private (Singapore), intend to offer for sale 30,000,000 shares of the company’s common stock in an underwritten secondary offering.
